345 Main Street

Closed 12/27/24

Sold

Last Sold Price

$740,000

4 baths2,794 sqft

345 Main St, Saco, ME 04072

Multi FamilyProperty Type

0.19 acresLot Size

1900Year Built

$265/sq ftPrice per sq ft

1 carParking Spaces

Description

Turn Key 4 unit in a wonderful downtown location, perfect for the investor or owner occupant. Updated, boiler, hot water heaters and roof! Beautifully maintained building with 4 residential rental units plus an owner's office with bath, for storage or expansion potential. Located in the heart of Saco, close to shops, schools and restaurants. Quick access to the Turnpike, Train Station, Ferry Beach, Biddeford Pool, University of New England and Old Orchard Beach. Centrally located only 30 minutes...Turn Key 4 unit in a wonderful downtown location, perfect for the investor or owner occupant. Updated, boiler, hot water heaters and roof! Beautifully maintained building with 4 residential rental units plus an owner's office with bath, for storage or expansion potential. Located in the heart of Saco, close to shops, schools and restaurants. Quick access to the Turnpike, Train Station, Ferry Beach, Biddeford Pool, University of New England and Old Orchard Beach. Centrally located only 30 minutes to the Maine Mall, Portland, International Jetport, and Portsmouth, plus, only 90 Miles (1.5 hours) to Boston. Also, there is a lovely little park next door or enjoy your own space with Garage/workshop and plenty of off-street parking. Rents listed are projected market rents

Listed by: Melissa Richter 207.450.9090 melissarichter207@gmail.com • Keller Williams Realty

Listing closed: 12/27/2024 12:00 AM • Source: Maine Listings, MLS#: 1609319

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Location

Listing Courtesy of Keller Williams Realty

Sold By Waypoint Brokers Collective

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$4,362 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,951

Property Taxes

$412

HOA Dues

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Property Information for 345 Main Street

Property Details

Taxes: $4,939 / year
MLS Type: Multi-Family
County: York County
Architectural Style: Colonial
Style: Colonial
Has Waterfront: No
Zoning: MB

Building Information

Stories: 2
Residences: 4
Year Built: 1900
Lot Size: 0.19 AC / 8,276 SF

Summary

Location and General Information

Water View: No
Location: Intown, Near Public Beach, Near Shopping, Neighborhood

Page: 105
Zoning Overlay: Yes
Directions: Route 1 to Main Street. Located near the corner of Main and Beach Streets
Latitude: 43.500323
Longitude: -$70.44
Transportation: Public Transport Access

Taxes and HOA

Association: No
Parcel Number: SACO-000032-000100

Tax Lot: 100
Tax Book Number: 15527
Tax Map Number: 032
Tax Year: 2024
Tax Annual Amount: $4,939.00

Parking

Parking Features: 5 - 10 Spaces, Paved, Off Street
Parking: 5 - 10 Spaces, Off Street

Vehicle Storage: 1 Car, Attached
Has Attached Garage: Yes
Garage Spaces: 1.0
Has Garage: Yes

School Information

High School District: Saco Public Schools

Property

Lot Information

Lot Features: Open, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Neighborhood, Near Public Transit
Lot Size Acres: 0.19

Lot Size Area: 0.19
Lot Size Source: Public Records
Lot Size Square Feet: 8276.4
Lot Size Units: Acres
Roads: Public
SqFt Source: Public Records
Site: Level, Open, Sidewalks

Property and Assessments

Above Grade Finished Area: 2794.0
Building Area Total: 2794.0

Property Type: Multi-Family
Deed: All
Deed/Conveyance Type Offered: Warranty
Construction: Wood Frame
Year Built: 1900

Building Features

Foundation Details: Concrete Perimeter, Brick/Mortar
Foundation Materials: Poured Concrete, Brick/Mortar

Construction Materials: Vinyl Siding, Wood Frame
Color: White
Stories: 2
Stories Total: 2

Financial Information

List Price/SqFt: $259.48

Utilities

Heat Fuel: Oil
# Heating Units: 1

# Water Heaters: 4
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Vinyl Siding
Roof: Shingle

Driveway: Paved

Interior Features

Amenities: Attic, Shower, Storage
Bathrooms Full: 4

Bathrooms Total Decimal: 4.0
Bathrooms Total Integer: 4
Basement: Exterior Only, Unfinished
Basement: Unfinished
Has Fireplace: No
Patio And Porch Features: Glass Enclosed
Has Cooling: No
Heating: Hot Water, Baseboard
Has Heating: Yes
Flooring: Wood, Tile
Interior Features: Attic, Shower, Storage

Multi Family

Multi Family Information

# of 1 BD Units: 4
Number Of Units Total: 4

Income & Expenses

Gross Income: $68,400.00
Operating Expense: $19,069.75

Rental

Rent Information

Land Lease: No

Property History for 345 Main Street

Date	Event & Source	Price	Appreciation
Dec 27, 2024	Sold (Public Record) Public Record #1547810832	$740,000	—
Dec 27, 2024	Sold Maine Listings #1609319	$740,000	—
Nov 25, 2024	Pending Maine Listings #1609319		—
Nov 2, 2024	Listed (Active) Maine Listings #1609319	$725,000	—
Nov 24, 2008	Sold Maine Listings #884315	$237,000	—
May 28, 2008	Pending Maine Listings #884315		—
May 24, 2008	Active Under Contract Maine Listings #884315		—
Mar 24, 2008	Listed (Active) Maine Listings #884315	$299,000	—
Jul 23, 2007	Expired Maine Listings #847407	$335,000	—
May 25, 2007	Listed (Active) Maine Listings #847407	$349,000	—
Sep 30, 2005	Expired Maine Listings #739895	$349,900	—
Mar 30, 2005	Listed (Active) Maine Listings #739895	$399,000	—
Jan 5, 2001	Sold Maine Listings #341263	$215,000	—
Sep 18, 2000	Active Under Contract Maine Listings #341263		—
Feb 22, 2000	Listed (Active) Maine Listings #341263	$215,000	—

Date	Event & Source	Price
12/27/2024	Sold (Public Record) Public Record #1547810832	$740,000
12/27/2024	Sold Maine Listings #1609319	$740,000
11/25/2024	Pending Maine Listings #1609319	—
11/02/2024	Listed (Active) Maine Listings #1609319	$725,000
11/24/2008	Sold Maine Listings #884315	$237,000
05/28/2008	Pending Maine Listings #884315	—
05/24/2008	Active Under Contract Maine Listings #884315	—
03/24/2008	Listed (Active) Maine Listings #884315	$299,000
07/23/2007	Expired Maine Listings #847407	$335,000
05/25/2007	Listed (Active) Maine Listings #847407	$349,000
09/30/2005	Expired Maine Listings #739895	$349,900
03/30/2005	Listed (Active) Maine Listings #739895	$399,000
01/05/2001	Sold Maine Listings #341263	$215,000
09/18/2000	Active Under Contract Maine Listings #341263	—
02/22/2000	Listed (Active) Maine Listings #341263	$215,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 345 Main Street

Taxable ValueLand$98,900Additions$417,600Total$516,500

Tax Record2025$7,334 ($611 / month)

Home Facts

Total Finished SqFt3,175 SqFtAbove Grade Finished SqFt3,175 SqFtUnfinished Basement SqFt943 SqFtStories2Lot Size8,276 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900ZoningMBCountyYORKAPNSACO M:032 L:100 U:000-000

Schools near 345 Main Street

This home is within Saco Public Schools.


Rating	School	Type	Grades	Distance
6/10	C K Burns School	Public - Serves this home	3 to 5	0.2 mi
7/10	Saco Middle School	Public - Serves this home	6 to 8	2.1 mi
NR	Governor John Fairfield School	Public - Nearby school	K to 2	0.2 mi
NR	Young School	Public - Nearby school	K to 2	1.0 mi
NR	Notre Dame De Lourdes School	Private - Nearby school	PK to 8	0.2 mi
NR	Thornton Academy	Private - Nearby school	6 to 12	0.4 mi


Rating	School	Distance
6/10	C K Burns School Public3 to 5 Serves this home	0.2 mi
7/10	Saco Middle School Public6 to 8 Serves this home	2.1 mi
NR	Governor John Fairfield School PublicK to 2 Nearby school	0.2 mi
NR	Young School PublicK to 2 Nearby school	1.0 mi
NR	Notre Dame De Lourdes School PrivatePK to 8 Nearby school	0.2 mi
NR	Thornton Academy Private6 to 12 Nearby school	0.4 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 345 Main Street, Saco, ME 04072	$740,000	–	4	2,794	8,276
349 Main Street, Saco, ME 04072	–	–	–	–	3,920
339 Main Street, Saco, ME 04072	–	–	–	5,560	17,860
9 Beach Street, Unit 11, Saco, ME 04072	–	–	–	3,875	12,197
100 Middle Street, Saco, ME 04072	–	5	3	2,517	4,792
338 Main Street, Saco, ME 04072	$479,000	4	4	2,983	11,325
350 Main Street, Saco, ME 04072	–	5	3.5	5,402	22,216
12 Beach Street, Saco, ME 04072	–	–	4	12,334	43,560
1 Island Terrace, Unit 317, Saco, ME 04072	$299,000	2	2	792	–
331 Main Street, Unit 1, Saco, ME 04072	$109,000	1	1	664	–
331 Main Street, Unit 8, Saco, ME 04072	$163,500	2	1	827	–
331 Main Street, Unit 9, Saco, ME 04072	$136,500	1	1	707	–
331 Main Street, Unit 5, Saco, ME 04072	$180,000	1	1	777	–
331 Main Street, Unit 3, Saco, ME 04072	$126,000	1	1	721	–
331 Main Street, Unit 2, Saco, ME 04072	$191,150	1	1	607	–
331 Main Street, Unit 4, Saco, ME 04072	$148,500	1	1	607	–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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